Average Aerospace Engineers Salary in Denver-Aurora-Centennial, CO
Aerospace Engineers in the Denver-Aurora-Centennial, CO metropolitan area earn an impressive average annual salary of $153,570. This figure significantly surpasses the national average of $141,460, indicating a strong demand for specialized engineering talent within this region. The robust local economy and the presence of key aerospace industry players likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $153,570 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $220,970.
- Outlook: The aerospace engineering job market in Denver-Aurora-Centennial presents a compelling picture of concentrated demand. With a local workforce of 1,910 Aerospace Engineers and a Location Quotient of 2.66, the region hosts a significantly higher concentration of these professionals than the national average. This suggests a thriving sector with substantial ongoing projects and a consistent need for skilled engineers.
Salary Overview
The average Aerospace Engineers in Denver-Aurora-Centennial, CO earns+8.6%above the national average.
$73.8
$2,953
$12,798
Aerospace Engineers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Aerospace Engineers in Denver-Aurora-Centennial have experienced consistent growth over the past four years, mirroring national trends. Factors such as inflation, advancements in aerospace technology, and increasing demand for specialized skills would naturally drive an upward trajectory in compensation for these highly skilled professionals.
Aerospace Engineers Salary Distribution in Denver-Aurora-Centennial, CO
Salary progression for Aerospace Engineers in Denver-Aurora-Centennial typically scales with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive project management and design expertise can command salaries in the upper percentiles. The widening gap between entry-level and senior roles signifies clear career advancement opportunities and the increasing value placed on specialized knowledge and leadership.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $104,570 | $50.3 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $115,178 | $55.4 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $151,800 | $73 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $191,963 | $92.3 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $220,970 | $106.2 |
Detailed Aerospace Engineers Market Analysis
Relocation Context
Nominal Salary
$153,570
Gross Pay
Real Wage (Purchasing Power)
$153,570
Adjusted for COL (100)
For Aerospace Engineers considering a move to Denver-Aurora-Centennial, the nominal average salary of $153,570 aligns perfectly with the national average cost of living (index of 100). This means that the purchasing power of an Aerospace Engineer's salary in this area is equivalent to the national average, offering a stable financial foundation without the immediate pressure of significantly higher living expenses.
Job Market Context
1,910
Total Jobs
1.183
Per 1K Jobs
2.66
Location Quotient
Denver-Aurora-Centennial, CO has 2.7x the national concentration of Aerospace Engineers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
The Location Quotient of 2.66 for Aerospace Engineers in Denver-Aurora-Centennial strongly indicates a highly concentrated and specialized job market. This signifies that the region is a significant hub for aerospace activities, attracting and retaining a disproportionately large number of these professionals compared to the rest of the country, suggesting a competitive yet abundant environment for those in the field.
Nearby Job Markets
Nearby Cities for Aerospace Engineers
| City | Salary | Dist. |
|---|---|---|
| Boulder, CO Aerospace Engineers Salary | $154,920↑ 1% | 27 mi |
Comparing salaries near Denver-Aurora-Centennial, CO
Hiring Aerospace Engineerss?
Frequently Asked Questions
How much does a Aerospace Engineers make in Denver-Aurora-Centennial, CO?
The median annual salary for a Aerospace Engineers in Denver-Aurora-Centennial, CO is $153,570. This typically ranges from $104,570 for entry-level positions to $220,970 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Denver-Aurora-Centennial, CO is 8.6% higher than the national median of $141,460.
Is Denver-Aurora-Centennial, CO a lucrative place for Aerospace Engineers?
Yes, Denver-Aurora-Centennial, CO is a lucrative location for Aerospace Engineers.The average salary of $153,570 significantly exceeds the national average, and the cost of living remains at the national benchmark, offering excellent earning potential.
Is Denver-Aurora-Centennial, CO a good place to live for Aerospace Engineers?
The Cost of Living Index in Denver-Aurora-Centennial, CO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Denver-Aurora-Centennial, CO?
Some top paying nearby cities include Boulder, CO ($154,920) and others.
How does the local Aerospace Engineer salary compare to the national average?
Aerospace Engineers in Denver-Aurora-Centennial earn an average of $153,570 annually, which is notably higher than the national average of $141,460.
What is the concentration of Aerospace Engineers in Denver-Aurora-Centennial?
The region has a Location Quotient of 2.66, meaning there are 2.66 times more Aerospace Engineers employed there than the national average, indicating a strong industry presence.
How does the cost of living in Denver-Aurora-Centennial affect salary perception?
With a Cost of Living Index of 100, the local expenses are on par with the national average, making the higher salary of $153,570 translate directly into strong purchasing power.
What does the job market size suggest for Aerospace Engineers in this area?
A local workforce of 1,910 Aerospace Engineers, coupled with a high Location Quotient, suggests a robust and specialized job market with ample opportunities for skilled professionals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,910 employees in the Denver-Aurora-Centennial, CO area with a job density of 1.183 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Aerospace Engineers • Data source: BLS OEWS 2024 •Jobs in Denver-Aurora-Centennial, CO